The Oakmark Funds are advised by Harris Associates L.P. an autonomous subsidiary of Natixis Investment Managers, L.P.

Learn more about the principles and philosophy behind our funds at HarrisAssoc.com.

Harris Associates

111 South Wacker Drive, Suite 4600
Chicago, Illinois 60606
312-646-3600

Adam Abbas portrait

Adam D. Abbas

Portfolio Manager and Head of Fixed Income

Adam Abbas has been a manager of the Oakmark Bond Fund and Oakmark Equity and Income Fund since 2020. He is also a vice president of the Oakmark Funds.

He started at Harris Associates in 2018 after working as a lead portfolio manager at KVK Credit Opportunity Fund LP. Prior to that, he was a portfolio manager at Driehaus Capital Management, a senior research analyst at Neuberger Berman/Lehman Brothers and an analyst at Huron Consulting Group.

Mr. Abbas earned a B.S. degree from Northwestern University (2004) and an M.B.A. from the University of Chicago (2013).

Funds under management

Commentary

Finding clarity in complexity: Fixed income outlook for 2025

December 31, 2024

As the deficit increases and market noise continues, we are focused on finding value in fixed income assets.

Oakmark Equity and Income Fund: Fourth Calendar Quarter 2024

December 31, 2024

A top contributor to the Fund’s performance was a U.S.-headquartered communication services company, while a Swiss-based diversified metals and mining company was a top detractor.

Oakmark Bond Fund: Fourth Calendar Quarter 2024

December 31, 2024

Fund returns were driven by security selection and asset allocation. Heading into 2025, the Fund continues to be overweight corporate credit and securitized debit while underweighting U.S. Treasurys.

News + Insights

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News

Adam Abbas on “Making Markets” (11.29.24)

November 29, 2024

Head of Fixed Income and Portfolio Manager Adam Abbas talked about the importance of portfolio diversification as well as the opportunity set in today’s...

Adam Abbas portrait in front of a glass wall

Insights

The Fed kicks off an easing cycle

September 19, 2024

The Federal Reserve is finally catching its breath in the fight against inflation. We think the Fed’s decision will be positive for credit across...

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News

Adam Abbas on “The Weighing Machine” (08.19.24)

August 19, 2024

Head of Fixed Income and Portfolio Manager Adam Abbas talked about the firm’s value investing approach to fixed income, key drivers for security selection...

We do value investing differently

At Oakmark, we don’t have an opinion about how equities will perform this year, if a recession will start or if the political parties will produce pro-growth candidates during the next election cycle. As long-term investors, we don’t think it matters.